XRP has struggled to reclaim $1.20 despite growing institutional adoption, with roughly $4 billion in tokenized real-world assets now on the XRP Ledger, eight consecutive weeks of spot ETF inflows and a sharp increase in new wallets. CryptoQuant reports Binance's XRP Scarcity Index has reached a one-year high.
XRP (CRYPTO: XRP) remains in a downtrend, but positive signals from tokenized asset growth and on-chain scarcity signal sound network fundamentals.
Real-World Asset Demand Surges
Around $4 billion in tokenized real-world assets now sit on the XRP Ledger, according to market commentary shared by crypto researchers at EvernorthXRP in an X post on July 6.
This is almost four times the size of XRP’s spot ETF market.
Institutional use cases are also beginning to emerge.
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